The effective annual interest rate is:
i = (1 + 0.064/12)^12 - 1 = 0.066
In year 1: the interest is $613.80 (multiple $9300 by 0.066)
In year 2: the interest is $654.31 (add interest from year 1 to $9300 and multiply by 0.066)
In year 3: the interest is $656.98 (do the same as year 2)
In year 4: the interest is $657.16
The total interest is: $2582.25
The present worth of this amount is:
P = 2582.23 / (1 + 0.066)^4 = $1999.72
The answer is $1999.72.
Answer:
Step-by-step explanation:
933 + the cost <=1500
933+ c <=1500
Answer:
The greatest common factor is the biggest factor that divides two different numbers. For example, the greatest common factor of 6 and 8 is 2. The least common multiple is the smallest number that two numbers share as a multiple. For example, 12 is a the lowest common multiple of 3 and 4.
Step-by-step explanation:
<span>Standard deviation shows the distribution present in a set. Range can be used to approximate this property.
Therefore, Set b (100, 140, 150, 160, 200 10, 50, 60, 70, 110) has the largest standard deviation because it has a range of 190 (i.e. 200 - 10)</span>
There are 8! ways to arrange the 8 letters. Due to the repeated L (3×) and A (2×), only one out of (2!)(3!) = 12 of these is unique.
The number of unique arrangements is 8!/(2!*3!) = 3,360
